Lee Rachel H. 4

What Happened

• Rachel H. Lee (listed as Lee Rachel H.), a director of Hope Bancorp, received a grant of 4,337 restricted stock units (RSUs) on May 21, 2026.
• The award is valued at $12.45 per share, for a total grant value of $53,996. This is an equity compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 22, 2026.
• Grant: 4,337 RSUs at $12.45 per share; total $53,996.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting: Per the filing, the 4,337 RSUs will vest either on the one‑year anniversary of the grant (May 21, 2027) or on the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
• Filing timeliness: Reported the day after the grant (no late‑filing flag in the provided data).
• Nature of transaction: Award/grant (compensation) — not a purchase (so it’s not a direct bullish signal from cash buying).

Context

• RSUs are a promise to deliver shares in the future upon vesting; recipients do not receive voting rights or shares until vesting conditions are met.
• Such director RSU grants are common forms of board compensation and should be viewed as part of regular pay rather than an immediate market signal.